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Friday, April 29, 2016

SemCorp Ind

SempCorp Ind - 30th April 2016

SempCorp Ind seems to be turning bearish as reflected from the chart. After hitting the high of 3.28 on 23rd Mar 2016 it has since continued to trend lower to close at 2.89 on 29th April 2016. This is rather negative.


Macd indicator is showing sign of a negative divergence which may be a tell tale sign that the share price may continue to trend lower.

Breaking down of 2.85 the current support level with high volume that may see it price trend lower towards 2.52 with extension to 2.32.
( trade base on your own decision)


Thursday, April 28, 2016

ParkwayLife Reit

ParkwayLife Reit - 28th April 2016

One of the largest listed healthcare REIT in Asian region with an enlarged portfolio of S$1.6 billion.

Core Strengths:

Defensive long term lease structure with downside protection

Stable income stream supported by regular rental revision

Diversified portfolio of high quality and yield accretive properties

Well-positioned in fast growing healthcare sector within the Asia-Pacific region


ParkwayLife Reit after hitting the low os 2.08 on 16th Feb 2016 it had managed to stage a strong recovery and head higher to touch 2.50 on 28th April 2016.



The current price of 2.49 is staying above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still rising which may provide further catalyst that the share price may continue to trend higher.

Short term wise it may continue to trend higher to test 2.60. Breaking out of 2.60 with good volume that may propel to drive the share price higher towards 2.70 with extension to 2.79.

It pays out DPU every quarter. Each quarter is about 3.35 cents which may add up a total of 13.35 cents. Yield is about 5.3%.

(trade base on your own decision)

Wednesday, April 27, 2016

CDL HTrust

Update for CDL HTrust  - 30th April 2016

With the selling down on last Fri with a long Black candlestick the uptrend patterns seems to be disrupted.



Short term wise it may trade sideways or may continue to trend lower to re-test 1.355. Breaking down of 1.355 may re-visit the next support level at 1.30.
( trade base on your own decision)



CDL HTrust - 27th April 2016

CDL HTrust had a very nice breaking out today and closed high at $1.475. Couple with quite a high volume of 2.489m shares changing hands. This is rather bullish.


The current price is staying above the SMA lines which is generally rather healthy/positive.

Both Macd & Rsi are still rising which may be a tell tale sign that the share price may continue to trend higher.

Short term wise it may continue to trend higher to re-visit $1.50 then $1.575 with extension to $1.615.(trade base on your own decision)

Tuesday, April 26, 2016

SingTel

SingTel - 26th April 2016

SingTel after hitting the low of $3.65 on 11th April it had managed to trend higher to touch $3.99 on 20th April. This is rather bullish.

The current price of $3.93 is hovering above the SMA lines which is generally quite positive.



Also both Macd & Rsi are still rising upwards which may provide further indication that the share price may continue to trend higher.

Short term wise it may head higher to re-visit the recent high of $3.99. Crossing over of $3.99 with ease + good volume that may propel to drive the share price higher towards $4.10 then $4.18.

(trade base on your own decision)



Monday, April 25, 2016

HTL Intl

HTL Intl -25th April 2016

HTL Intl is among the few stock counter that is able to continue to trend higher during today STI market selling down. It is trending nicely upwards against all odds.



Today the closing at 80.05 cents is rather positive.

Also both Macd & Rsi are showing sign of a positive divergence that may provide further catalyst that the share price may continue to trend higher.

Short term wise it may move up to re-visit 85 cents . Crossing over of 85 cents with good volume that may drive the share price higher towards 90 cents then 95 cents.
(trade base on your own decision)

Sunday, April 24, 2016

ST Engineering

ST Engineering - 24th Apr 2016

ST Engineering had a very impressive run after hitting the low of 2.67 on 18th Feb 2016 it had managed to stage a strong recovery to close 3.40 on 22nd Apr 2016. This is super bullish.



The current price is staying above the SMA lines which is generally rather positive.

Also Macd is pointing upwards which may provide further indication that the share price may continue to trend higher.

Short term wise it may continue to trend higher towards 3.47. Breaking out of 3.47 with good volume that may propel to drive the share price higher towards 3.60 then 3.70 with extension to 3.80.
(trade base on your own decision)